- A chart of accounts (COA) is a list of financial accounts used in bookkeeping to record the transactions on an organization’s General Ledger.
- A simple and clear chart of accounts is key to making better decisions on the financial data in the organizations.
LawAccounting is far more advanced than most accounting systems.
LawAccounting allows you to have multi-level ledgers and to tag a single ledger with the four accounting classes with unlimited tags in each class. This helps keep the chart of accounts simple for the organizations.
